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OPERATING SEGMENTS (Details) - USD ($)
$ in Thousands
1 Months Ended 3 Months Ended 8 Months Ended 9 Months Ended
Jan. 31, 2015
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2015
Sep. 30, 2016
Dec. 31, 2015
Feb. 01, 2015
Operating Segment Assets              
Goodwill             $ 735,700
Successor              
Summarized financial information for the company's segments              
Revenues   $ 1,123,646 $ 960,593 $ 2,701,681 $ 3,366,960    
Pre-tax Operating Income (Loss)   112,898 133,807 322,615 385,559    
Realized investment gains (losses) - investments   (688) 8,625 (150,014) 183,362    
Realized investment gains (losses) - derivatives   20,869 (55,172) 104,396 (95,339)    
Income before income tax   133,079 87,260 276,997 473,582    
Income tax (expense) benefit   (39,785) (26,853) (89,889) (152,820)    
Net income   93,294 60,407 187,108 320,762    
Realized gain (losses) on investments              
All other investment gains (losses)   20,844 (4,716) (147,843) 187,771    
Less: amortization related to DAC/VOBA and benefits and settlement expenses   21,532 (13,341) 2,171 4,409    
Realized investment gains (losses) - investments   (688) 8,625 (150,014) 183,362    
Realized gain (losses) on derivatives              
Derivative financial instruments gains (losses)   116 (74,590) 53,654 (156,749)    
Less: VA GMWB economic cost   (20,753) (19,418) (50,742) (61,410)    
Realized investment gains (losses) - derivatives   20,869 (55,172) 104,396 (95,339)    
Other-than-temporary impairments   3,308 10,064 15,798 6,892    
Operating Segment Assets              
Investments and other assets   72,906,654     72,906,654 $ 65,552,315  
Deferred policy acquisition costs and value of business acquired   1,909,913     1,909,913 1,558,808  
Other intangibles   614,902     614,902 645,131  
Goodwill   732,443     732,443 732,443 $ 735,700
Total assets   76,163,912     76,163,912 68,488,697  
Successor | Operating | Life Marketing              
Summarized financial information for the company's segments              
Revenues   409,423 388,768 1,040,066 1,231,397    
Pre-tax Operating Income (Loss)   (1,306) 19,535 29,611 36,957    
Operating Segment Assets              
Investments and other assets   14,170,687     14,170,687 13,258,639  
Deferred policy acquisition costs and value of business acquired   1,155,759     1,155,759 1,119,515  
Other intangibles   306,158     306,158 319,623  
Goodwill   200,274     200,274 200,274  
Total assets   15,832,878     15,832,878 14,898,051  
Successor | Operating | Acquisitions              
Summarized financial information for the company's segments              
Revenues   391,017 352,141 974,915 1,269,672    
Pre-tax Operating Income (Loss)   70,157 59,016 132,962 184,095    
Operating Segment Assets              
Investments and other assets   19,986,370     19,986,370 19,879,988  
Deferred policy acquisition costs and value of business acquired   82,803     82,803 (178,662)  
Other intangibles   37,741     37,741 39,658  
Goodwill   14,524     14,524 14,524  
Total assets   20,121,438     20,121,438 19,755,508  
Successor | Operating | Annuities              
Summarized financial information for the company's segments              
Revenues   174,798 92,773 341,227 410,455    
Pre-tax Operating Income (Loss)   53,666 46,003 133,377 164,196    
Operating Segment Assets              
Investments and other assets   20,501,261     20,501,261 19,926,108  
Deferred policy acquisition costs and value of business acquired   634,820     634,820 578,742  
Other intangibles   186,781     186,781 196,780  
Goodwill   336,677     336,677 336,677  
Total assets   21,659,539     21,659,539 21,038,307  
Successor | Operating | Stable Value Products              
Summarized financial information for the company's segments              
Revenues   27,380 17,065 44,063 83,519    
Pre-tax Operating Income (Loss)   14,700 12,785 28,249 44,326    
Operating Segment Assets              
Investments and other assets   3,283,420     3,283,420 2,006,263  
Deferred policy acquisition costs and value of business acquired   5,919     5,919 2,357  
Other intangibles   8,889     8,889 9,389  
Goodwill   113,813     113,813 113,813  
Total assets   3,412,041     3,412,041 2,131,822  
Successor | Operating | Asset Protection              
Summarized financial information for the company's segments              
Revenues   69,306 68,949 182,656 201,041    
Pre-tax Operating Income (Loss)   5,455 5,322 15,266 16,216    
Operating Segment Assets              
Investments and other assets   973,552     973,552 897,326  
Deferred policy acquisition costs and value of business acquired   30,612     30,612 36,856  
Other intangibles   75,333     75,333 79,681  
Goodwill   67,155     67,155 67,155  
Total assets   1,146,652     1,146,652 1,081,018  
Successor | Operating | Corporate and Other              
Summarized financial information for the company's segments              
Revenues   51,722 40,897 118,754 170,876    
Pre-tax Operating Income (Loss)   (29,774) $ (8,854) $ (16,850) (60,231)    
Operating Segment Assets              
Investments and other assets   13,991,364     13,991,364 9,583,991  
Deferred policy acquisition costs and value of business acquired   0     0 0  
Other intangibles   0     0 0  
Goodwill   0     0 0  
Total assets   $ 13,991,364     $ 13,991,364 $ 9,583,991  
Predecessor              
Summarized financial information for the company's segments              
Revenues $ 340,909            
Pre-tax Operating Income (Loss) 28,485            
Realized investment gains (losses) - investments 89,815            
Realized investment gains (losses) - derivatives (117,118)            
Income before income tax 1,182            
Income tax (expense) benefit 327            
Net income 1,509            
Realized gain (losses) on investments              
All other investment gains (losses) 80,672            
Less: amortization related to DAC/VOBA and benefits and settlement expenses (9,143)            
Realized investment gains (losses) - investments 89,815            
Realized gain (losses) on derivatives              
Derivative financial instruments gains (losses) (123,274)            
Less: VA GMWB economic cost (6,156)            
Realized investment gains (losses) - derivatives (117,118)            
Other-than-temporary impairments 481            
Predecessor | Operating | Life Marketing              
Summarized financial information for the company's segments              
Revenues 145,595            
Pre-tax Operating Income (Loss) (1,618)            
Predecessor | Operating | Acquisitions              
Summarized financial information for the company's segments              
Revenues 139,761            
Pre-tax Operating Income (Loss) 20,134            
Predecessor | Operating | Annuities              
Summarized financial information for the company's segments              
Revenues 7,884            
Pre-tax Operating Income (Loss) 13,164            
Predecessor | Operating | Stable Value Products              
Summarized financial information for the company's segments              
Revenues 8,181            
Pre-tax Operating Income (Loss) 4,529            
Predecessor | Operating | Asset Protection              
Summarized financial information for the company's segments              
Revenues 21,953            
Pre-tax Operating Income (Loss) 2,420            
Predecessor | Operating | Corporate and Other              
Summarized financial information for the company's segments              
Revenues 17,535            
Pre-tax Operating Income (Loss) $ (10,144)